A new report released by Redfin found that 33.4 percent of home purchases were made in cash during April 2023 — up from 30.7 percent a year earlier.
Source: Inman News
Third of homes now purchased in cash, highest level in 9 years
More from cash offersMore posts in cash offers »
More from Markets & EconomyMore posts in Markets & Economy »
- Dual licensing is on the rise. Is it the right move for your business?
- Change strategy as the market shifts to win the listings long game
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Homebuyers came out in force last week, and rates are trending down
- October was another slow month for pending home sales
More from RedfinMore posts in Redfin »
- Redfin on 2026: Affordability improves, sales rise only slightly
- Bayview merger positions Guild Mortgage for refinancing boom
- Zillow reverses course and removes climate data from listings
- Delistings and discounts jump as holiday season approaches
- The IDX lie agents still believe: 5 common misconceptions about real estate websites
More from SelectMore posts in Select »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Redfin on 2026: Affordability improves, sales rise only slightly
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Change strategy as the market shifts to win the listings long game
More from Sheharyar BokhariMore posts in Sheharyar Bokhari »
- Stock market gains push luxury homebuyers ahead in October
- 1st-time buyers say ‘yes’ to older starter homes due to higher costs
- Waning buyer activity pushes home price growth to 2-year low
- 7 metros where you can snag a luxury home for less than $1M
- Condo sales fall to 10-year low amid surge in insurance costs, HOA fees
Be First to Comment